US battery imports fall to five-year low after Section 301 tariffs raised to 25%
:format(auto):focal(center))
Total US lithium ion battery demand is expected to reach 182GWh in 2026, with 37% of this coming from the battery energy stationary storage (BESS) market. Yet the US remains heavily dependent on Chinese battery imports for its energy storage needs as a result of China’s continued grip on supply of lithium iron phosphate (LFP) cells, even as new tariffs push Chinese battery imports to their lowest level since 2021.